I wanted to give a quick update based on my post yesterday since I called for a sharp decline soon. The sideways chop in price action and the overbought/oversold indicator showing even on both sides tells me we are probably in a 4th wave. If so, a sharp and quick move higher should end the rally from the past few days to complete the 5th wave higher, and then lead to a sharp reversal of 30 or more S&P points.
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